Fincantieri announces the launching of the first phase of the European Patrol Corvette project

On the 24th October 2023, with a ceremony held at OCCAR premises in Rome, OCCAR (Organisation for Joint Armament Cooperation) has signed with a Consortium, coordinated by Naviris and gathering together Fincantieri (Italy), Naval Group (France), Navantia (Spain) and other beneficiaries from Greece, Denmark and Norway all the Modular and Multirole Patrol Corvette (MMPC) contractual documents for the implementation of the first phase of the European Patrol Corvette (EPC) project.
 
The overall value of this first phase is 87 M€ and is strongly supported by the European Commission (EC) through the European Defence Fund (EDF). Indeed, 60 M€ will be funded by the EC in the form of “grants” while the remaining 27 M€ will be funded by the Member States (Italy, France, Spain, Denmark, Greece and Norway) who decided to support the project. OCCAR will manage the full scope of the project, acting as Granting Authority, on mandate of the EC, and Contracting Authority, on mandate of the above-mentioned Member States.
 
On the same day, the Delegates of the companies signed a consortium agreement, whose objective is to rule the execution of the project, maximizing synergies and collaboration among European shipbuilding industries.
 
With a duration of 24 months, this MMPC first contract aims to provide the initial design of a next generation class of naval vessel, the European Patrol Corvette (EPC), launched in the context of a PESCO project. The EPC will include at first two main versions: the Long Range Multipurpose and the Full Combat Multipurpose, both maximizing innovations, synergies and cross-fertilization among three main European shipbuilding architects and manufacturers Naval Group, Fincantieri, Navantia, linked with the operational needs of the different Navies.
 
Based on innovative and disruptive technologies, the new class will illustrate a group of smart, innovative, affordable, sustainable, interoperable and flexible vessels designed to meet a wide range of missions in a continuously evolving context. Depending on the requirements specified by each Navy, the ships will be able to carry out a wide range of missions in operational contexts as diverse as surveillance on the high seas with a high degree of autonomy, or law enforcement and sovereignty affirmation missions closer to the coast, adapted to the different Navies needs.